Quotes with Resistance & Support
Market Information

Intraday calls for 30-05-12

Posted on: May 30th, 2012 at 8:29 am

Markets likely to open lower. Support for nifty is at 4930 and resistance at 5050.

If markets show recovery later during the day, buy: Reliance industries above 695 – (Book profit in Ril at 707)

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478 Responses

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  1. MURUGAN Says:
    May 30th, 2012
    Posted at: 9:08 am

    GOOD MORNING CAN I SHORT AXIS BANK TODAY THE TARGET PLEASE


  2. Dinesh Kumar Says:
    May 30th, 2012
    Posted at: 9:08 am

    Dear CB, How Bhararthi PE 300 going to react for these two days.. since tommorow is expiry....


  3. CB Says:
    May 30th, 2012
    Posted at: 9:10 am

    Hi :: money ::, it will bounce back. hold it for few days. fundamentally is a very strong company. as of now enter a 250pe to hedge

    Hi MURUGAN, Good morning. not yet. has support at 1010

    Hi Dinesh Kumar, its a hold with sl at 304. can test 293.


  4. Siva Says:
    May 30th, 2012
    Posted at: 9:10 am

    How about Buying TATA STEEL Today?


  5. CB Says:
    May 30th, 2012
    Posted at: 9:11 am

    Hi Siva, can enter it on dips. is a good bet.


  6. ranga Says:
    May 30th, 2012
    Posted at: 9:11 am

    guru, you still remember me??? I thought you will not remember, yes. its been long time. busy with other work. how are you. planning to start trading again......


  7. Akash Says:
    May 30th, 2012
    Posted at: 9:12 am

    Hi CB, Ok. Then I will buy Unitech for my target. Hope it will see that level?


  8. Dinesh Kumar Says:
    May 30th, 2012
    Posted at: 9:12 am

    thanks in advance... CB..


  9. CB Says:
    May 30th, 2012
    Posted at: 9:12 am

    Hi ranga, :) ok. best of luck


  10. CB Says:
    May 30th, 2012
    Posted at: 9:13 am

    Hi Akash, ok

    Hi Dinesh Kumar, most welcome.


  11. SS Says:
    May 30th, 2012
    Posted at: 9:13 am

    Hi CB,
    Do we see some upside in Tisco & Axis ?


  12. CB Says:
    May 30th, 2012
    Posted at: 9:14 am

    Hi SS, yes,likely to. look good technically


  13. Akash Says:
    May 30th, 2012
    Posted at: 9:14 am

    Hi CB, As market may be down, so will it be down as well.. I cannot make more loss.


  14. CB Says:
    May 30th, 2012
    Posted at: 9:15 am

    Hi Akash, can add in small quantity


  15. VJ Says:
    May 30th, 2012
    Posted at: 9:17 am

    shall i enter RIL now?


  16. gaps Says:
    May 30th, 2012
    Posted at: 9:18 am

    Hi CB, can we enter sail now?

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